Global Maltodextrin Market Is Expected to Reach Us$ 4.6 Bn by 2021 – Credence Research
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Date Submitted: 07/18/2016 12:12 AM
According to a new market report published by Credence Research “Maltodextrin Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2021,” the maltodextrin market was valued at US$ 3.2 Bn in 2016, and is expected to reach US$ 4.6 Bn by 2022, expanding at a CAGR of 6.0% from 2016 to 2021.
Browse the full Maltodextrin Market (Sweetner, Binder, Encapsulation, Others) for Food && Beverages, Feed, Pharmaceuticals, Personal Care & Cosmetics, Papermaking and Other Applications- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2021 report at http://www.credenceresearch.com/report/maltodextrin-market
Market Insights
Maltodextrin which is produced from starch is a polysaccharide used as a food additive in the food & beverages industry. The benefits offered by maltodextrin are the chief reason for its high demand in the market. Maltodextrin is easy digestible, has moderately sweet or almost flavorless and has absorption power similar to glucose. It has therefore known to be the key starch derivative in the food industry. It is used as a thickener, binding agent and flavor in many food products. It is also used in the production of soft drinks and candy. Hence, food & beverage industry is the major consumer of maltodextrin and is expected to increase its demand in the near future. Owing to the unique properties possessed by maltodextrin, it has application in wide range of end-use industries. The binding property of maltodextrin makes it applicable in the production of tablets. Tablets such as capsules are manufactured using maltodextrin. Hence, high demand is reported from the pharmaceutical industry for maltodextrin in the market.
Growing demand for low calorie food is driving the market for maltodextrin worldwide. Maltodextrin is used as an alternative to sugar in various food stuffs. Easy availability is another factor contributing for its use in the food & beverage industry. In addition, growing health...
